Jrue Holiday signs 4-year extension with Philadelphia 76ers, according to report

Nelson Chenault-US PRESSWIRE

Jrue Holiday has signed a four-year, $41 million contract extension with the Philadelphia 76ers, just minutes before the midnight deadline.

Jrue Holiday has signed a four-year, $41 million contract extension with the Philadelphia 76ers, just minutes before the midnight deadline for the draft class of 2009, according to ESPN's Marc Stein. The new deal will keep Holiday with the 76ers through the 2016-17 season.

USA Today's Sam Amick reports that incentives could allow Holiday to make up to $46 million.

There was considerable doubt that Holiday and the 76ers would come to terms. Holiday had made noise that he wanted a maximum contract early in the summer, a request the 76ers seemed unwilling to meet. In the end, Holiday will make $3 million less than Stephen Curry and $7 million less than Ty Lawson over the next four years.

Holiday has developed into one of the NBA's best young point guards under 76ers coach Doug Collins. Last season, the 22-year-old Holiday averaged 14.4 points and 4.8 assists per game. He is also one of the league's best defensive point guards, and the hope is that he can make another jump over the duration of his new contract.

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